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WAUKESHA, Wis. - The $568 million Landmark Credit Union wants to offer an alternative to payday loans, but it is having a hard time selling the alternative loans, according to Pat Ransom, vice president of marketing for the institution. The community chartered credit union has offered an alternative to payday...

I read with interest the recent comments of Jerrie Lattimore, NASCUS Chairperson and Administrator of the North Carolina Credit Union Division. During NASCUS' Annual Conference, Mrs. Lattimore asserted that "NCUA uses insurance as an excuse to regulate state credit unions." I am not well positioned to determine the complete accuracy...

SAN DIMAS, Calif. -Financial Service Centers Cooperative, Inc., an international credit union shared service center network, has paid $320,000 in patronage dividends to shareholders. The cash payout came from acquired transactions performed in the last four and one half months of 2000. In March 2002, FSCC distributed a patronage dividend...

WASHINGTON-The Small Business Administration (SBA) met with several credit union representatives to discuss areas where credit unions can become more involved in guaranteed-business lending and particularly how corporate credit unions can facilitate it. Delegates from NAFCU, CUNA, the Association of Corporate Credit Unions (ACCU), Empire Corporate Federal Credit Union, WesCorp,...

EUGENE, Ore. - As the popularity of real estate-related investments continues to swell, one credit union is counting on its established relationship with a family-owned business to offer such options to its members. SECLO Credit Union recently acquired Frontier Investments Co., one of Oregon's oldest issuers of mortgage-backed securities. The...

ITHACA, N.Y. - The $42 million Alternatives Federal Credit Union became a temporary sensation in the local media when it consolidated two of its former structures into one newly built facility at Tompkins County's most prominent intersection. "We were featured in broadcasts on two local T.V. stations, a local radio...

SALT LAKE CITY - The state's banking lobby, locked in a long-standing and often bitter political fight with Utah credit unions, has apparently seized on the shortfall in funding Utah schools as a new reason to start taxing CUs. The banks' move, contends the Utah Credit Union League, comes in...

WASHINGTON-As a former state senator, NCUA Board Member JoAnn Johnson told credit union officials not to be intimidated by meeting with lawmakers and their staff as they descend upon Capitol Hill during NAFCU's Congressional Caucus. "Believe me, you know more about credit unions than they do," she said in trying...